Compare Brokers Articles Complaints Compare Side-by-Side About Brokers

Zerodha Vs Alice Blue (Compare Zerodha and Alice Blue)

The side-by-side comparison of Zerodha and Alice Blue. Compare Zerodha Vs Alice Blue brokerage, charges, exposure margin, demat account. Read Alice Blue and Zerodha review.

Find out Zerodha Vs Alice Blue which is better and Zerodha Vs Alice Blue which is best.

Our Zerodha comparison with Alice Blue Financial Services highlights the major differences between two brokers. Find the best between Zerodha and Alice Blue.

Zerodha Vs Alice Blue

	Zerodha	Alice Blue Financial Services
	Zerodha Review FAQs Brokerage Demat Acct Mobile App Account Opening Branches IPO	Alice Blue Review FAQs Brokerage Demat Acct Mobile App Account Opening Branches IPO

About the Broker	Zerodha is a Bangalore, India based Flat Fee Share Broker (Also known as Budget Broker / Discount Broker / Pay Per Order Brokerage Company) for trading in Stock, Commodity and Currency Derivative. It charges a brokerage of 0.01% or Rs 20 per executed...	Incorporated in 2006, Alice Blue is a Bangalore based financial service provider. AliceBlue is a discount stock broker offering stock and commodity trading services at BSE, NSE, and MCX. Alice Blue also offers depository service (demat account) throu...
Type of Broker	Discount Broker	Discount Broker
Supported Exchnage	NSE, BSE, MCX and NCDEX	BSE, NSE, MCX
Account Type	Standard Plan	F20
Broker Enquiry
Year of Incorporation	2010
Number of Branches	22

Zerodha Vs Alice Blue Charges

	Zerodha	Alice Blue Financial Services
Trading Account Opening Fees	₹200	Equity ₹310 \| Commodity ₹120
Trading Account AMC	₹0 (Free)	₹0
Demat Account Opening Fees	₹100	₹0
Demat Account AMC	₹300	₹0
Demat Account is Mandatory?	No	No

Zerodha Vs Alice Blue Brokerage

Brokerage Plan 1

	Zerodha	Alice Blue Financial Services
Account Type	Standard Plan	F20
Fixed Charges
Equity Delivery Brokerage	₹0 (Free)	₹0 (Free)
Equity Intraday Brokerage	₹20 per executed order or .01% whichever is lower	₹20 per executed order or 0.01 whichever lower
Equity Futures Brokerage	₹20 per executed order or .01% whichever is lower	₹20 per executed order or 0.01 whichever lower
Equity Options Brokerage	₹20 per executed order or .01% whichever is lower	₹20 per executed order or 0.01 whichever lower
Currency Futures Trading Brokerage	₹20 per executed order or .01% whichever is lower	₹20 per executed order or 0.01 whichever lower
Currency Options Trading Brokerage	₹20 per executed order or .01% whichever is lower	₹20 per executed order or 0.01 whichever lower
Commodity Futures Trading Brokerage	₹20 per executed order or .01% whichever is lower	₹20 per executed order or 0.01 whichever lower
Commodity Options Trading Brokerage	₹20 per executed order or .01% whichever is lower

Other Charges

Minimum Brokerage Charges	₹0	₹0
Other Brokerage Charges	Physical contact notes: ₹20, Trade SMS Alerts: ₹1 per SMS
Call & Trade Charges	₹20 per executed order	₹20 per executed order

Zerodha Vs Alice Blue Taxes

	Zerodha	Alice Blue Financial Services
Securities Transaction Tax (STT)	Equity Intraday: 0.025% (on Sell trade) Equity Delivery: 0.1% (on Buy and Sell) Equity Futures: 0.01% (on Sell trade) Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options) Currency Futures: Nil Currency Options: Nil Commodities: 0.01% on sell side (Non-Agri)	Equity Intraday: 0.025% (on Sell trade) Equity Delivery: 0.1% (on Buy and Sell) Equity Futures: 0.01% (on Sell trade) Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options) Currency Futures: Nil Currency Options: Nil Commodities: 0.01% on sell side (Non-Agri)
Exchange Transaction Charges	Check table below	Check table below
SEBI Charges	Rs 15 per Crore	Rs 15 per Crore
Goods and Services Tax (GST)	18% on (brokerage + transaction charges)	18% on (brokerage + transaction charges)
Stamp Duty	Charged as per the state of the client's correspondence address.	Charged as per the state of the client's correspondence address.

Zerodha Vs Alice Blue Transaction Charges

	Zerodha	Alice Blue Financial Services
Equity Delivery	NSE ₹325 per Cr (0.00325%) \| BSE ₹300 per Cr (0.003%) (each side)	NSE ₹325 per crore \| BSE ₹1 per trade (each side)
Equity Intraday	NSE ₹325 per Cr (0.00325%) \| BSE ₹300 per Cr (0.003%) (each side)	NSE ₹325 per crore \| BSE ₹1 per trade (each side)
Equity Futures	NSE ₹190 per Cr (0.0019%) \| BSE ₹300 per Cr (0.003%) (each side)	NSE ₹210 per crore \| BSE ₹1 per trade (each side)
Equity Options	NSE ₹5000 per Cr (0.05%) \| BSE ₹300 per Cr (0.003%) (on premium)	NSE ₹5300 per crore \| BSE ₹1 per trade (each side)
Currency Futures	NSE ₹90 per Cr (0.0009%) \| BSE ₹22 per Cr (0.00022%)	NSE ₹135 per crore (0.00135%)
Currency Options	NSE ₹4000 per Cr (0.04%) \| BSE ₹100 per Cr (0.001%) (on premium)	NSE ₹4400 (on premium) per crore (0.044%)
Commodity	Group A - ₹260 per Cr (0.0026%)	Non-Agri ₹360 (0.0036%) \| Agri ₹275 per Crore

Zerodha Vs Alice Blue Exposure Margin

	Zerodha	Alice Blue Financial Services
Equity Delivery	1x (no margin)	3x (A category)
Equity Intraday	Up to 20x (based on the stock)	Up to 20x (based on the stock)
Equity Futures	Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)	Intraday - 10%(10x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Equity Options	Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)	Intraday - 3x Buy & 10x Sell, Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Futures	Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)	Intraday - 10%(10x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Options	Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)	Intraday - 10%(10x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Commodity Futures	Intraday - 40%(2.5x), Carry forward - 100%(1x) of Span	Intraday - 10%(10x), Carry forward - 100%(1x) of Total span margin
Commodity Options

Zerodha and Alice Blue Feature Comparison

	Zerodha	Alice Blue Financial Services
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	Kite Web, Kite Android/iOS, Pi, Coin, Kite mobile	Front End: ANT \| Back End: Omnesys NEST
Intraday Square-off Time	3:10 PM	Equity: 3:15PM
Other Features	Direct Mutual Funds, APIs
Referral Program

Zerodha Vs Alice Blue Review

	Zerodha	Alice Blue Financial Services
	348 Customer Reviews	17 Customer Reviews
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating	Zerodha is Rated 3.8 / 5 based on 348 customer reviews	Alice Blue is Rated 4.5 / 5 based on 17 customer reviews

Contact Broker / Request A Call Back

	Zerodha	Alice Blue Financial Services
Contact / Request Call Back	Name Phone Number Email City Name State Are you a day trader?

Zerodha Vs Alice Blue Investment Options

	Zerodha	Alice Blue Financial Services
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options

Zerodha Vs Alice Blue Customer Service

	Zerodha	Alice Blue Financial Services
24/7 Customer Service
Onine Live Chat
Through Branches

Zerodha Vs Alice Blue Order Type Offered

	Zerodha	Alice Blue Financial Services
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)

Zerodha Vs Alice Blue Research Report

	Zerodha	Alice Blue Financial Services
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Zerodha Vs Alice Blue Suitable For Investor Type

	Zerodha	Alice Blue Financial Services
Casual Investor
Active Investor
Trader

Zerodha Vs Alice Blue - Advantages and Disadvantages

Zerodha

Alice Blue Financial Services

Pros

Free equity delivery trades. No brokerage charges for Cash-N-Carry orders.
Excellent trading platforms made available for free to all its customers.
Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX).
Brokerage is 0.01% or Rs 20 per executed order, whichever is lower for Intraday, F&O and Currency Derivatives. No hidden charges.
10% referral credit for reffering new customers.
Direct Mutual Fund Investment is available.
Over 7L+ customers and 8% of daily volume at BSE, NSE and MCX.

More Advantages...

Discount stock broker.
Most advance trading platform.
Free equity delivery trades. No brokerage.
01% or Rs 20 whichever is less brokerage for intraday and F&O.
Up to 20x margin in equity intraday.
Demat AMC is free for lifetime for all customers.

More Advantages...

Cons

Doesn't provide stock tips, research reports or recommendations.
Call & Trade is charged at extra Rs 20 order.
Doesn't provide options to invest in IPO, Bond and NCD's public offers.
Margin funding is not available.
GTC/GTD not available in Equity.

More Disadvantages...

Online Mutual Fund investment is not available.
Margin funding is not available.
Good Till Cancelled (GTC) orders not available.
Call & Trade is available with additional cost of ₹20 per order.

More Disadvantages...

Reviews

Promo / Offers

Truly free equity delivery trading

Get free equity delivery trading (truly no brokerage) and pay flat ₹20 brokerage for Intraday and F&O trades. To open an account with Zerodha, simply leave your contact information with us and Zerodha representatives will call you.

Free Equity Delivery Trade + Lifetime FREE AMC Demat Account

Get free equity delivery trading (truly no brokerage) and pay flat ₹20 intranet and F&O trade brokerage. In addition, get Lifetime Zero AMC Demat Account with no additional cost. To open an account with Alice Blue, simply leave your contact information and Alice Blue representatives will call you.

Enquire about Zerodha

Compare More Brokers

Zerodha Vs ICICIDirect
Zerodha Vs HDFC Securities
Zerodha Vs Sharekhan
Zerodha Vs AxisDirect
Zerodha Vs Angel Broking
Zerodha Vs Kotak Securities
Zerodha Vs Motilal Oswal
Zerodha Vs Karvy
Zerodha Vs India Infoline (IIFL)
Zerodha Vs SBI Securities
Zerodha Vs Geojit
Zerodha Vs Religare
Zerodha Vs Edelweiss
Zerodha Vs Reliance Securities
Zerodha Vs SMC Global
Zerodha Vs Nirmal Bang
Zerodha Vs 5paisa
Zerodha Vs Ventura
Zerodha Vs Upstox
Zerodha Vs Anand Rathi
Zerodha Vs MyValueTrade
Zerodha Vs Indiabulls
Zerodha Vs Aditya Birla Money
Zerodha Vs Bonanza
Zerodha Vs SAMCO
Zerodha Vs TradingBells
Zerodha Vs IDBI Capital
Zerodha Vs TradeSmart
Zerodha Vs SAS Online
Zerodha Vs iTradeOnline
Zerodha Vs Tradeplus
Zerodha Vs Tradejini
Zerodha Vs Wisdom Capital
Zerodha Vs Fyers
Zerodha Vs Finvasia
Zerodha Vs ProStocks
Zerodha Vs RMoney
Zerodha Vs Beeline
Zerodha Vs Just Trade
Zerodha Vs Achiievers
Zerodha Vs Trustline
Zerodha Vs Yes Securities
Zerodha Vs RKSV

Alice Blue Vs ICICIDirect
Alice Blue Vs HDFC Securities
Alice Blue Vs Sharekhan
Alice Blue Vs AxisDirect
Alice Blue Vs Angel Broking
Alice Blue Vs Kotak Securities
Alice Blue Vs Motilal Oswal
Alice Blue Vs Karvy
Alice Blue Vs India Infoline (IIFL)
Alice Blue Vs SBI Securities
Alice Blue Vs Geojit
Alice Blue Vs Religare
Alice Blue Vs Edelweiss
Alice Blue Vs Reliance Securities
Alice Blue Vs SMC Global
Alice Blue Vs Nirmal Bang
Alice Blue Vs 5paisa
Alice Blue Vs Ventura
Alice Blue Vs Upstox
Alice Blue Vs Anand Rathi
Alice Blue Vs MyValueTrade
Alice Blue Vs Indiabulls
Alice Blue Vs Aditya Birla Money
Alice Blue Vs Bonanza
Alice Blue Vs SAMCO
Alice Blue Vs TradingBells
Alice Blue Vs IDBI Capital
Alice Blue Vs TradeSmart
Alice Blue Vs SAS Online
Alice Blue Vs iTradeOnline
Alice Blue Vs Tradeplus
Alice Blue Vs Tradejini
Alice Blue Vs Wisdom Capital
Alice Blue Vs Fyers
Alice Blue Vs Finvasia
Alice Blue Vs ProStocks
Alice Blue Vs RMoney
Alice Blue Vs Beeline
Alice Blue Vs Just Trade
Alice Blue Vs Achiievers
Alice Blue Vs Trustline
Alice Blue Vs Yes Securities
Alice Blue Vs RKSV